Fengxian Jiangshan
Chapter 753 Big investment and big development
China is not a country rich in gold and silver, so there is often a shortage of money, which is the so-called deflation.This is not a good thing for the economy. In a healthy finance, moderate inflation should be maintained, which can encourage people to increase consumption and investment. Otherwise, if you keep the money in your hands, you can only watch it depreciate.
"In the past, when there was no financial unification, if the depreciation was large-scale, the common people would switch to other currencies, or even directly hold foreign currencies to preserve their value. But now after the financial unification, only Chinese yuan is allowed to circulate in the market. Inflation will be paid by all ordinary people, resulting in a depreciation of the currency.”
"Brother Minyuan, I'm afraid it's inappropriate to do this!" Tang Shaoyi couldn't help coming over when he heard that the issue of currency was being discussed, and said with a frown: "The common people don't have much money in their hands. If the value is depreciating, how can they It's not that I can't survive!"
Wang Yongjiang waved his hand: "Brother Shaochuan, this account cannot be calculated in this way. Of course, ordinary people will suffer a little loss, but those who have huge savings will lose more, which forces them to take out their funds. Invest. Investment requires hiring workers and purchasing materials, and these funds will still flow back to the people. As long as the income of the people is increasing at a rate slightly higher than the inflation rate, the income of the people will continue to increase. How can it be considered exploitation? What about the people!"
When Tang Shaoyi heard this, she also nodded slightly: "Brother Minyuan is indeed an expert in financial management, but his knowledge is different."
"There is one more thing to pay attention to!" Zhang Tinglan also added: "One more thing, after the abolition of the two yuan and the yuan change, we must stop the direct trading of gold and silver in the market as soon as possible. I heard that there are many landlords in the Central Plains and Northwest. The gold and silver are all buried in the ground. This is a miser who is of no use to the country!"
"Well." Tang Shaoyi also said: "When the currency is unified, there is a stipulation that if you take the initiative to replace gold and silver within a certain period, you can get [-]% more funds. If it is overdue, you will have to exchange it at a [-]% discount. "
"This is a good way." Zhang Tinglan said with a smile: "In the future, the formulation of policies should also be a little bit more specific. Don't just make rigid orders, you must pay, and if you don't pay, you will be killed. If you don't pay, you will be killed. Don't talk about it. The government should be good at using profit levers, obedient will have sugar Eat, and if you don't obey, you will be punished."
Several people laughed loudly while talking, Yan Xishan had already finished eating by this time.He also came to this table. [
"Vice President, Prime Minister, Mr. Min Yuan, I have a bit of a problem, and I would like to ask you to show me the way?"
"Baichuan is being polite, if you have anything to say, just say it."
"When Chu and I discussed the land reform in Henan, we met a lot of landlords. Some of them really wanted to invest in business and tried to enter the industry. But they didn't know anything about modern management, such as machines, finance, finance, and the market. These are completely unfamiliar. Even if they want to, they dare not invest, so most of them choose to invest in government-run enterprises. However, the number of government enterprises is also limited, and it is impossible to use all the capital, which is embarrassing. "
The issues Yan Xishan and Zhang Tinglan discussed happened to be two aspects. Zhang Tinglan and the others wanted to use inflation to force those who do not want to invest to invest.But what Yan Xishan considers is how to find the market for those who want to invest. Once they have an idea, they must have a direction and a way.
Tang Shaoyi couldn't help but said: "Didn't the government set up training courses, isn't it effective?"
Yan Xishan couldn't help but smiled wryly and said: "It would be nonsense to say no, but to be honest, the effect is really limited. Some of the lecturers we transfer are entrepreneurs, and some are just teachers with a broader vision. The conditions for setting up factories in different places are different. , It is not easy to find a way quickly, and those who don’t know how to operate at all, talking nonsense, I’m afraid it’s only a disservice.”
When Zhang Tinglan heard it, her expression was a little ugly. Yan Xishan's words reminded Zhang Tinglan of a phenomenon in later generations.Teach others to be successful, and you will be successful; teach others to be rich, and you will be rich.
Although Zhang Tinglan proposed to hold a training class, how can a group of people who are confused by themselves point out a clear path?There is a huge difference between the small peasant economy and the market economy. If you want to cross it in one step, it is still too difficult, and it will not be achieved overnight.
Wang Yongjiang couldn't help but said: "Indeed, this is an urgent problem. On the one hand, we lack capital investment, but on the other hand, we can't find investment channels. It's like a blood vessel is blocked. The circulation is not smooth, but it is fatal."
"But entrepreneurs can't be cultivated in a day or two. You have to work hard, break through, and find a way by yourself." Tang Shaoyi couldn't help but said: "The government can help a little, but it is mainly on your own. .”
Everyone couldn't help lowering their heads and thinking, and couldn't make up their minds for a while.Zhang Tinglan pondered for a while, then suddenly smiled and said, "I have another idea. Since I don't have any suitable ones, I might as well introduce them from outside!"
At this moment, Li Yuanhong also came over, and couldn't help but said, "I'm afraid it won't work. If all those foreigners are allowed in, wouldn't they open the door and steal?"
"Of course not foreigners."
"Then who else?" Tang Shaoyi also frowned, and then his eyes lit up: "Zhuoyan, are you talking about using overseas Chinese?"
"That's right." Zhang Tinglan said with a smile: "Nanyang Chinese left their hometowns hundreds of years ago to make a living. Many of them have been operating for several generations. Under such conditions, many of them have established their own factories. The plantation has become a wealthy businessman in Nanyang. If the country can provide them with better development space and allow these people to return to China to invest, I am sure that it will be effective quickly. With them as role models, more people can be driven! "[
Using overseas Chinese to invest and set up factories is a mature experience for later generations. In the early days of opening up, it was these Chinese businessmen who returned to China to invest.
And now there is a very good opportunity. Zhang Tinglan instigated the independence of the Chinese in Nanyang behind the scenes, causing the conflict to become more and more serious. Both the UK and the Netherlands have serious distrust of Chinese businessmen, and they often censor and seek trouble everywhere.The business space of many Chinese businessmen is getting smaller and smaller. At this time, the country has opened a door for them.Most of these people will return home enthusiastically.
Hearing Zhang Tinglan uttered this idea, Wang Yongjiang couldn't help but teasingly said: "Zhuoyan has also read thick black and can't learn it. Why do I feel a bit like tinkering!"
When Zhang Tinglan thought about it, this made sense. The incident in Nanyang was caused by himself, and the door was opened to bring back Chinese businessmen. This is similar to tinkers who deliberately widen the cracks.
"In any case, as long as everyone is happy, that's a good way." Zhang Tinglan said: "Let the overseas Chinese return to China to invest. There is also a problem, that is, most of them are from Fujian, Guangdong. Even if they invest, they will mostly invest in their hometown. .”
Wang Yongjiang said with a smile: "It depends on the guidance. Another point is to keep up with the infrastructure. The Guangdong-Han Railway must be completed quickly. In addition, the coastal railway from Hangzhou to Fuzhou and then to Guangzhou is also It needs to be repaired, so that the provinces in the southeast will be connected together!"
When talking about the railway issue, Tang Shaoyi hurriedly said: "Hurry up and go back to the conference room, just in time to deploy the first five-year plan."
Everyone gathered together again.Wang Yongjiang compiled the development plans for the three eastern provinces. Although they had to be adjusted for five years because of the national unification, he had accumulated rich experience.Follow the new plan.Started in 1924 and ended in 1928.As China's first five-year plan period.
During this period, China will double and double its major industrial products, including steel production to reach 500 million tons. In 23 years, the steel production in the three northeastern provinces reached 65 tons, nearly 10 tons more than expected.
In addition to the output of other domestic regions, the total is only about 80 tons. To reach 500 million tons, it will have to increase by more than four times. This is quite an astonishing amount, but Zhang Tinglan is still very confident about this goal.
Since entering the customs, Zhang Tinglan has started to build steel factories in Beijing, Tangshan and other places. In addition, the expansion of Hanyang Iron Factory is also in progress. After the completion of land reform in Henan, there is also a large amount of funds, so the steel factory is also being built.
Basically, these steel plants will be completed one after another within three years, and China's steel output will reach about 200 million tons by then.
And because of the development of Maoshan Iron Mine, China and Italy signed an agreement to cooperate with Italy to build a crude steel production base in China, and then transport the steel ingots to Europe for sale.
At the same time, Germany also joined in. China will introduce German technology to comprehensively upgrade the steel enterprises in the three eastern provinces. If it is successfully completed, the output of Anshan Iron and Steel will exceed 100 million tons. The three provinces can also exceed the output of 5 million tons within 300 years.
After the expansion, the output of Hanyang Iron Works will exceed 50 tons. In fact, for the iron and steel industry, it is not so much growth in 5 years, but 7 years. Investment has been increasing since 22, but these 5 years have arrived Harvest period.
According to records, the Soviet Union produced 1930 million tons of steel in 5764, while Japan produced 2289 million tons in the same period.These two countries are currently the main threats to China. If China's steel output reaches 28 million tons in 500 years, it will be basically on par with the Soviet Union and more than twice that of Japan.
Now war is a contest of steel. Basically, those with more steel are better than those with less steel. With these steels, China will have sufficient confidence to face the Soviet Union. It can also be said that Japan has completely lost its hope of defeating China. possible.
And based on the current situation, China should be able to complete the three five-year plans before World War II. By then, the steel output will at least exceed 2000 million tons. In other words, China will become a big country comparable to the Soviet Union. There is still a big gap from the United States.
But China also has enough strength, at least it has the strength to enjoy the fruits of victory, and if it develops faster, it can even change the direction of the world.
The world cannot always be dominated by the Anglo-Saxons. The ancient empire that has ruled the world for thousands of years must return to the pinnacle of the world after a nap.
In addition to iron and steel, coal should exceed 300 million tons, and power generation should exceed 7 billion kWh.In terms of oil, the Yanchang Mine and Yumen Mine should be thoroughly developed to ensure that the oil self-sufficiency rate reaches [-]%.In addition, it is necessary to strengthen the search for oil to achieve self-sufficiency.
In addition to these major industrial products, Zhang Tinglan also requested that the annual output of chemical fertilizers be increased by 30 tons to ensure increased and stable agricultural production.
In terms of transportation, the Guangdong-Han Railway and the Wuhan Yangtze River Bridge will be built, which means that the Beijing-Guangzhou Railway will be completely connected, and there will be one more important traffic artery between the north and the south.At the same time, the Sichuan-Han Railway and the Ning-Han Railway will be built, and a parallel railway will be built along the Yangtze River.In addition to the railway along the southeast coast and the Lanzhou-Xinjiang Railway, the railway network running from north to south in China is beginning to take shape.China's railway mileage exceeds 3 kilometers, and major provincial capital cities are basically the same as trains.
In terms of agriculture, taking the opportunity of land reform in the Central Plains, it is necessary to overhaul farmland water conservancy facilities, build reservoirs, irrigate ditches, and drill more deep wells. These tasks will try to mobilize landed farmers to volunteer.After all, the government has limited funds and cannot invest too much money, so it can only use the farmers' labor to pay.
In terms of education, three-year compulsory education should be basically established, and the future generations will be nine-year compulsory education. The current finances really cannot afford it, so it can only be limited to three years, that is, to ensure that students complete elementary school.
All kinds of things were involved, and the meeting lasted for three consecutive days before the various tasks were clarified.However, apart from these obvious things, Zhang Tinglan also has two secret goals. The first is to completely solve the Southwest and Guangdong and Guangxi, and unify the whole country.The second is to create the first aircraft carrier battle group, so that China has a maritime intervention force.
A unified China, with a certain amount of sea power, can let go of operating in Nanyang, and even support Xu Shuzheng and the others to directly play the banner of rebellion, instead of hiding as they do now.
The current era is quite promising. After all, there are no restrictions on nuclear weapons. China has a population of more than 4 million, and its military resources will hardly be exhausted. Even compared with polar bears, it has four times the advantage.
As long as it is a bordering area, there is absolutely no way to stop the torrent of China. After five years of hard work, and then when it is time to restore China's sphere of influence, Zhang Tinglan has secretly made up his mind.
The first five-year plan was finally compiled and passed in Parliament.In five years, the central financial plan has invested a total of 15 billion yuan, plus local funds and private capital, a total of more than 50 billion yuan will be invested.
Not counting the voluntary labor of farmers, the total amount of investment is absolutely unprecedented.However, it is not an easy task to realize such a large investment. The central government spends an average of 3 million yuan a year.
In the Beiyang era, the government's annual fiscal revenue was only 8000 million. At present, China has withdrawn various powers, carried out land reforms, increased tax sources, and coupled with the development of industry and commerce, contributed a large amount of tax revenue every year, but the total fiscal revenue is no more than It is about 6 million yuan. After 5 years, it is very difficult to reach 10 billion yuan. It is absolutely impossible to spend 3 million yuan for investment.
"Humble words, for now, the only way is to borrow money and issue bonds domestically, preferably in Europe and the United States, to borrow money for construction!"
Wang Yongjiang, Tang Shaoyi, and Wang Shuhan, who just became the governor of the central bank, jointly put forward this proposal. (to be continued...)
"In the past, when there was no financial unification, if the depreciation was large-scale, the common people would switch to other currencies, or even directly hold foreign currencies to preserve their value. But now after the financial unification, only Chinese yuan is allowed to circulate in the market. Inflation will be paid by all ordinary people, resulting in a depreciation of the currency.”
"Brother Minyuan, I'm afraid it's inappropriate to do this!" Tang Shaoyi couldn't help coming over when he heard that the issue of currency was being discussed, and said with a frown: "The common people don't have much money in their hands. If the value is depreciating, how can they It's not that I can't survive!"
Wang Yongjiang waved his hand: "Brother Shaochuan, this account cannot be calculated in this way. Of course, ordinary people will suffer a little loss, but those who have huge savings will lose more, which forces them to take out their funds. Invest. Investment requires hiring workers and purchasing materials, and these funds will still flow back to the people. As long as the income of the people is increasing at a rate slightly higher than the inflation rate, the income of the people will continue to increase. How can it be considered exploitation? What about the people!"
When Tang Shaoyi heard this, she also nodded slightly: "Brother Minyuan is indeed an expert in financial management, but his knowledge is different."
"There is one more thing to pay attention to!" Zhang Tinglan also added: "One more thing, after the abolition of the two yuan and the yuan change, we must stop the direct trading of gold and silver in the market as soon as possible. I heard that there are many landlords in the Central Plains and Northwest. The gold and silver are all buried in the ground. This is a miser who is of no use to the country!"
"Well." Tang Shaoyi also said: "When the currency is unified, there is a stipulation that if you take the initiative to replace gold and silver within a certain period, you can get [-]% more funds. If it is overdue, you will have to exchange it at a [-]% discount. "
"This is a good way." Zhang Tinglan said with a smile: "In the future, the formulation of policies should also be a little bit more specific. Don't just make rigid orders, you must pay, and if you don't pay, you will be killed. If you don't pay, you will be killed. Don't talk about it. The government should be good at using profit levers, obedient will have sugar Eat, and if you don't obey, you will be punished."
Several people laughed loudly while talking, Yan Xishan had already finished eating by this time.He also came to this table. [
"Vice President, Prime Minister, Mr. Min Yuan, I have a bit of a problem, and I would like to ask you to show me the way?"
"Baichuan is being polite, if you have anything to say, just say it."
"When Chu and I discussed the land reform in Henan, we met a lot of landlords. Some of them really wanted to invest in business and tried to enter the industry. But they didn't know anything about modern management, such as machines, finance, finance, and the market. These are completely unfamiliar. Even if they want to, they dare not invest, so most of them choose to invest in government-run enterprises. However, the number of government enterprises is also limited, and it is impossible to use all the capital, which is embarrassing. "
The issues Yan Xishan and Zhang Tinglan discussed happened to be two aspects. Zhang Tinglan and the others wanted to use inflation to force those who do not want to invest to invest.But what Yan Xishan considers is how to find the market for those who want to invest. Once they have an idea, they must have a direction and a way.
Tang Shaoyi couldn't help but said: "Didn't the government set up training courses, isn't it effective?"
Yan Xishan couldn't help but smiled wryly and said: "It would be nonsense to say no, but to be honest, the effect is really limited. Some of the lecturers we transfer are entrepreneurs, and some are just teachers with a broader vision. The conditions for setting up factories in different places are different. , It is not easy to find a way quickly, and those who don’t know how to operate at all, talking nonsense, I’m afraid it’s only a disservice.”
When Zhang Tinglan heard it, her expression was a little ugly. Yan Xishan's words reminded Zhang Tinglan of a phenomenon in later generations.Teach others to be successful, and you will be successful; teach others to be rich, and you will be rich.
Although Zhang Tinglan proposed to hold a training class, how can a group of people who are confused by themselves point out a clear path?There is a huge difference between the small peasant economy and the market economy. If you want to cross it in one step, it is still too difficult, and it will not be achieved overnight.
Wang Yongjiang couldn't help but said: "Indeed, this is an urgent problem. On the one hand, we lack capital investment, but on the other hand, we can't find investment channels. It's like a blood vessel is blocked. The circulation is not smooth, but it is fatal."
"But entrepreneurs can't be cultivated in a day or two. You have to work hard, break through, and find a way by yourself." Tang Shaoyi couldn't help but said: "The government can help a little, but it is mainly on your own. .”
Everyone couldn't help lowering their heads and thinking, and couldn't make up their minds for a while.Zhang Tinglan pondered for a while, then suddenly smiled and said, "I have another idea. Since I don't have any suitable ones, I might as well introduce them from outside!"
At this moment, Li Yuanhong also came over, and couldn't help but said, "I'm afraid it won't work. If all those foreigners are allowed in, wouldn't they open the door and steal?"
"Of course not foreigners."
"Then who else?" Tang Shaoyi also frowned, and then his eyes lit up: "Zhuoyan, are you talking about using overseas Chinese?"
"That's right." Zhang Tinglan said with a smile: "Nanyang Chinese left their hometowns hundreds of years ago to make a living. Many of them have been operating for several generations. Under such conditions, many of them have established their own factories. The plantation has become a wealthy businessman in Nanyang. If the country can provide them with better development space and allow these people to return to China to invest, I am sure that it will be effective quickly. With them as role models, more people can be driven! "[
Using overseas Chinese to invest and set up factories is a mature experience for later generations. In the early days of opening up, it was these Chinese businessmen who returned to China to invest.
And now there is a very good opportunity. Zhang Tinglan instigated the independence of the Chinese in Nanyang behind the scenes, causing the conflict to become more and more serious. Both the UK and the Netherlands have serious distrust of Chinese businessmen, and they often censor and seek trouble everywhere.The business space of many Chinese businessmen is getting smaller and smaller. At this time, the country has opened a door for them.Most of these people will return home enthusiastically.
Hearing Zhang Tinglan uttered this idea, Wang Yongjiang couldn't help but teasingly said: "Zhuoyan has also read thick black and can't learn it. Why do I feel a bit like tinkering!"
When Zhang Tinglan thought about it, this made sense. The incident in Nanyang was caused by himself, and the door was opened to bring back Chinese businessmen. This is similar to tinkers who deliberately widen the cracks.
"In any case, as long as everyone is happy, that's a good way." Zhang Tinglan said: "Let the overseas Chinese return to China to invest. There is also a problem, that is, most of them are from Fujian, Guangdong. Even if they invest, they will mostly invest in their hometown. .”
Wang Yongjiang said with a smile: "It depends on the guidance. Another point is to keep up with the infrastructure. The Guangdong-Han Railway must be completed quickly. In addition, the coastal railway from Hangzhou to Fuzhou and then to Guangzhou is also It needs to be repaired, so that the provinces in the southeast will be connected together!"
When talking about the railway issue, Tang Shaoyi hurriedly said: "Hurry up and go back to the conference room, just in time to deploy the first five-year plan."
Everyone gathered together again.Wang Yongjiang compiled the development plans for the three eastern provinces. Although they had to be adjusted for five years because of the national unification, he had accumulated rich experience.Follow the new plan.Started in 1924 and ended in 1928.As China's first five-year plan period.
During this period, China will double and double its major industrial products, including steel production to reach 500 million tons. In 23 years, the steel production in the three northeastern provinces reached 65 tons, nearly 10 tons more than expected.
In addition to the output of other domestic regions, the total is only about 80 tons. To reach 500 million tons, it will have to increase by more than four times. This is quite an astonishing amount, but Zhang Tinglan is still very confident about this goal.
Since entering the customs, Zhang Tinglan has started to build steel factories in Beijing, Tangshan and other places. In addition, the expansion of Hanyang Iron Factory is also in progress. After the completion of land reform in Henan, there is also a large amount of funds, so the steel factory is also being built.
Basically, these steel plants will be completed one after another within three years, and China's steel output will reach about 200 million tons by then.
And because of the development of Maoshan Iron Mine, China and Italy signed an agreement to cooperate with Italy to build a crude steel production base in China, and then transport the steel ingots to Europe for sale.
At the same time, Germany also joined in. China will introduce German technology to comprehensively upgrade the steel enterprises in the three eastern provinces. If it is successfully completed, the output of Anshan Iron and Steel will exceed 100 million tons. The three provinces can also exceed the output of 5 million tons within 300 years.
After the expansion, the output of Hanyang Iron Works will exceed 50 tons. In fact, for the iron and steel industry, it is not so much growth in 5 years, but 7 years. Investment has been increasing since 22, but these 5 years have arrived Harvest period.
According to records, the Soviet Union produced 1930 million tons of steel in 5764, while Japan produced 2289 million tons in the same period.These two countries are currently the main threats to China. If China's steel output reaches 28 million tons in 500 years, it will be basically on par with the Soviet Union and more than twice that of Japan.
Now war is a contest of steel. Basically, those with more steel are better than those with less steel. With these steels, China will have sufficient confidence to face the Soviet Union. It can also be said that Japan has completely lost its hope of defeating China. possible.
And based on the current situation, China should be able to complete the three five-year plans before World War II. By then, the steel output will at least exceed 2000 million tons. In other words, China will become a big country comparable to the Soviet Union. There is still a big gap from the United States.
But China also has enough strength, at least it has the strength to enjoy the fruits of victory, and if it develops faster, it can even change the direction of the world.
The world cannot always be dominated by the Anglo-Saxons. The ancient empire that has ruled the world for thousands of years must return to the pinnacle of the world after a nap.
In addition to iron and steel, coal should exceed 300 million tons, and power generation should exceed 7 billion kWh.In terms of oil, the Yanchang Mine and Yumen Mine should be thoroughly developed to ensure that the oil self-sufficiency rate reaches [-]%.In addition, it is necessary to strengthen the search for oil to achieve self-sufficiency.
In addition to these major industrial products, Zhang Tinglan also requested that the annual output of chemical fertilizers be increased by 30 tons to ensure increased and stable agricultural production.
In terms of transportation, the Guangdong-Han Railway and the Wuhan Yangtze River Bridge will be built, which means that the Beijing-Guangzhou Railway will be completely connected, and there will be one more important traffic artery between the north and the south.At the same time, the Sichuan-Han Railway and the Ning-Han Railway will be built, and a parallel railway will be built along the Yangtze River.In addition to the railway along the southeast coast and the Lanzhou-Xinjiang Railway, the railway network running from north to south in China is beginning to take shape.China's railway mileage exceeds 3 kilometers, and major provincial capital cities are basically the same as trains.
In terms of agriculture, taking the opportunity of land reform in the Central Plains, it is necessary to overhaul farmland water conservancy facilities, build reservoirs, irrigate ditches, and drill more deep wells. These tasks will try to mobilize landed farmers to volunteer.After all, the government has limited funds and cannot invest too much money, so it can only use the farmers' labor to pay.
In terms of education, three-year compulsory education should be basically established, and the future generations will be nine-year compulsory education. The current finances really cannot afford it, so it can only be limited to three years, that is, to ensure that students complete elementary school.
All kinds of things were involved, and the meeting lasted for three consecutive days before the various tasks were clarified.However, apart from these obvious things, Zhang Tinglan also has two secret goals. The first is to completely solve the Southwest and Guangdong and Guangxi, and unify the whole country.The second is to create the first aircraft carrier battle group, so that China has a maritime intervention force.
A unified China, with a certain amount of sea power, can let go of operating in Nanyang, and even support Xu Shuzheng and the others to directly play the banner of rebellion, instead of hiding as they do now.
The current era is quite promising. After all, there are no restrictions on nuclear weapons. China has a population of more than 4 million, and its military resources will hardly be exhausted. Even compared with polar bears, it has four times the advantage.
As long as it is a bordering area, there is absolutely no way to stop the torrent of China. After five years of hard work, and then when it is time to restore China's sphere of influence, Zhang Tinglan has secretly made up his mind.
The first five-year plan was finally compiled and passed in Parliament.In five years, the central financial plan has invested a total of 15 billion yuan, plus local funds and private capital, a total of more than 50 billion yuan will be invested.
Not counting the voluntary labor of farmers, the total amount of investment is absolutely unprecedented.However, it is not an easy task to realize such a large investment. The central government spends an average of 3 million yuan a year.
In the Beiyang era, the government's annual fiscal revenue was only 8000 million. At present, China has withdrawn various powers, carried out land reforms, increased tax sources, and coupled with the development of industry and commerce, contributed a large amount of tax revenue every year, but the total fiscal revenue is no more than It is about 6 million yuan. After 5 years, it is very difficult to reach 10 billion yuan. It is absolutely impossible to spend 3 million yuan for investment.
"Humble words, for now, the only way is to borrow money and issue bonds domestically, preferably in Europe and the United States, to borrow money for construction!"
Wang Yongjiang, Tang Shaoyi, and Wang Shuhan, who just became the governor of the central bank, jointly put forward this proposal. (to be continued...)
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